Pinnacle announces merger completion with Synovus

Pinnacle Financial Partners announced Friday morning the completion of its merger with Synovus Financial Corp. — a transaction valued at about $8.6 billion.

According to a release, though the newly combined company is taking the Nashville-based Pinnacle name, it will be a Georgia corporation with the headquarters of the holding company in Atlanta and the headquarters of the bank in Nashville. The banks will operate under both the Pinnacle and Synovus brands in 2026, with consolidation under the Pinnacle name to become official by early 2027.